Dolby Reports Q3 2026 Earnings with Strong Revenue and Guidance
Dolby (DLB) reported third-quarter earnings for fiscal year 2026, delivering $305 million in revenue within guidance ranges despite timing-related impacts. Non-GAAP EPS came in at $0.69, exceeding the midpoint of expectations due to lower operating expenses. Licensing revenue reached $282 million, driven by growth in imaging patents and Dolby Atmos adoption. The company raised its share repurchase authorization to $427 million and increased its quarterly dividend by 9% to $0.36 per share. For Q4, management expects revenue between $362 million and $392 million—a projected 23% increase—supported by the Video Distribution Program (VDP) and automotive sector growth. Dolby also revised its full-year guidance for FY2026 to a range of $1.41 billion to $1.44 billion in revenue, with non-GAAP EPS expected between $4.25 and $4.40.
Topics: guidance non-gaap_eps revenue